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COURSE INDEX New
Home Buying Start & Registration Budgeting To Buy a Home Neighborhoods Find Your First House Inspect Before You Buy Shop For a Mortgage Loan Home Mortgage Loan Process Credit Score and Credit Report Home Mortgage Loan Closing Being a Home Owner No Obligation Mortgage Quote Request Get Started Below! |
400) Gross
Amount Due to Seller: 401) Contract sales price: The amount of the sales price taken from the contract is entered on this line item. 401) Personal
Property: If there is any personal property value not included in the contract sales price, but is part of the contract, it is entered on this line. 403-405) Extra blank lines for unusual items unique to a loan closing only. Adjustment
for items paid be seller in advance: 406) City / town taxes ______ to ______ The amount of city / town real estate taxes paid by the seller is shown on this line. The dates for which the taxes are being paid are also shown. 407) County taxes ______ to ______: The amount of county real estate taxes paid by the seller is shown on this line. The dates for which the taxes are being paid are also shown. 408) Assessments ______ to ______ The amount of assessment paid by the seller is shown on this line. The dates for which the assessment is being paid is also shown. 409-412) Extra blank lines for unusual items unique to a loan closing only. 420) Gross
Amount Due to Seller: The total of the contract sales price and any amounts shown on lines 401 through 412 are totaled on this line.
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